Monday, Feburary 03, 1997

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Graphic by David Stroud.


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Value behind merger

Call them buzzwords of American business circa 2000: shareholder value. They've been bandied about in the battle for control of ITT Corp.
      In the mind of Stephen Bollenbach, the words are at the core of Hilton's hostile takeover bid.
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GAMING CHIPS

The former president of Caesars Palace said he plans to transform the company that owns the Boomtown hotel and casino into a mid-level player with a site on the Strip.
      "I don't see myself as going to Boomtown," said Dan Reichartz. "I see myself with an opportunity to build a new gaming company."
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